Covenant Network Technologies Private Limited

IT company providing networking, software development, and IT services with global reach.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Covenant Network Technologies Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.28 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth -88.40%
  • Profit Growth -1824.41%
  • Ebitda -194.80%
  • Net Worth -14.37%
  • Total Assets -66.01%

About Covenant Network Technologies

Covenant Network Technologies Private Limited (CNTPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 April 2005 and has a history of 19 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.28 Cr.

The company currently has active open charges totaling ₹2.00 Cr.

Mari Raj and Niranjan Manjunathan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2005PTC036022

  • Company No.

    036022

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Business Outsourcing

Who are the key members and board of directors at Covenant Network Technologies?

Board Members (2)

Name Designation Appointment Date Status
Mari Raj Country flag representing In Additional Director 11-Nov-2024 Current
Niranjan Manjunathan Country flag representing In Additional Director 11-Nov-2024 Current

Financial Performance of Covenant Network Technologies.

Covenant Network Technologies Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 88.4% decrease. The company also saw a substantial fall in profitability, with a 1824.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-88.40%
Revenue from Operations
-89.55%
Total Assets
-66.01%
Profit or Loss
-1824.41%
Net Worth
-14.37%
EBITDA
-194.80%

What is the Ownership and Shareholding Structure of Covenant Network Technologies?

In 2020, Covenant Network Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 1.95 Cr
  • South Indian Bank Limited : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
04 Aug 2010 The South Indian Bank Limited ₹1.45 Cr Open
14 Nov 2008 South Indian Bank Limited ₹0.50 M Open
22 Aug 2007 The South Indian Bank Limited ₹5.00 M Open

How Many Employees Work at Covenant Network Technologies?

Covenant Network Technologies has a workforce of 1 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covenant Network Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Covenant Network Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Covenant Network Technologies

Recent activity within the organization

  • Director Appointment

    Mari Raj was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2024 & has been associated with this company since 2 months 22 days .

    11 Nov 2024

  • Director Appointment

    Niranjan Manjunathan was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2024 & has been associated with this company since 2 months 22 days .

    11 Nov 2024

  • Annual General Meeting

    Covenant Network Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Covenant Network Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with The South Indian Bank Limited of Rs. 1.45 Cr registered on 04 Aug 2010 with Charge ID 10238636 was modified on 29 Oct 2015.

    29 Oct 2015

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 1.45 Cr with Charge ID 10238636 was registered on 04 Aug 2010.

    04 Aug 2010

Frequently asked questions

  • Covenant Network Technologies Private Limited was incorporated on 08 Apr 2005.

  • The authorized share capital of Covenant Network Technologies Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.28 Cr.

  • Currently 2 directors are associated with Covenant Network Technologies Private Limited.

    • Mari Raj
    • Niranjan Manjunathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Covenant Network Technologies Private Limited is No 42/2/1 Kudlu Begur Hobli Aecs Layout B Block, Gate India, Bangalore South, Karnataka, 560068.

  • The corporate identification number (CIN) of Covenant Network Technologies Private Limited is U72200KA2005PTC036022 and the company number is 036022 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Covenant Network Technologies Private Limited has fallen by -88.40%.

  • As Per 2020 financial reports, 1 employees are currently employed by Covenant Network Technologies Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Covenant Network Technologies Private Limited has experienced an downturn of -14.37%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Covenant Network Technologies Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Covenant Network Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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